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Fiserv provides financial technology and services to banks, credit unions, merchants, and other financial firms, with offerings across Payments and Industry Products and Financial Institution Services. Its products work by delivering software licensing, transaction processing, and professional services that enable account processing, merchant acquiring, POS technology, core banking, and digital payment networks through integrated solutions that connect banking, payments rails, and commerce. The company differentiates itself by acting as a single supplier of an end-to-end technology stack, enabling cross-sell opportunities and growth through acquisitions. Its goal is to help financial institutions and merchants run payments and banking operations efficiently at scale and to expand market reach with a comprehensive suite of integrated technologies and services.
Industries
Data & Analytics
Enterprise Software
Fintech
Financial Services
Company Size
10,001+
Company Stage
IPO
Headquarters
Milwaukee, Wisconsin
Founded
1984
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Total Funding
$10.6B
Above
Industry Average
Funded Over
3 Rounds
Performance Bonus
Company Equity
Thunes to support Fiserv's real-time global payouts for platforms. Published Aug 17, 2026, 07:00 PM Capability enables Fiserv merchant customers to offer real-time international payouts via a single integration. SAN FRANCISCO, Aug. 17, 2026 /PRNewswire/ - Thunes, the Smart Superhighway to move money around the world, and Fiserv, a leading global provider of payments and financial services technology, today announced a strategic collaboration to transform how global platforms and marketplaces handle international payouts. Through the alliance, Thunes will support payouts for Fiserv's merchant ecosystem, enabling ecommerce platforms, marketplaces and other Fiserv clients to send money instantly around the world to pay employees, bills and suppliers. By leveraging Thunes' Direct Global Network, Fiserv clients will gain the ability to reach 12 billion bank accounts and mobile wallets in over 140 countries and 90 currencies. Sanjay Saraf, Chief Product Officer, Fiserv Merchant Services, said: "As merchants expand across borders, they need payments that are as seamless as their growth ambitions. Our work with Thunes helps businesses move money globally with greater speed, transparency and predictability, supporting more efficient and scalable global operations." Chloé Mayenobe, Deputy CEO at Thunes, added: "We are thrilled to enable cross-border payments infrastructure for Fiserv as they expand the boundaries of what their customers can achieve. This collaboration further validates Thunes' ability to support the world's largest fintechs with a robust global network designed to support compliant and efficient cross-border payouts. Together with Fiserv, we are powering the future of global commerce by making cross-border payments transparent, reliable, and real-time in supported markets." Kyle Rosen, Head of Americas at Thunes, added: "This collaboration with Fiserv captures the powerful momentum we are building in the US. U.S. platforms and marketplaces have historically faced significant friction when paying out globally at scale. Together, Thunes' licensed U.S. payments capabilities and Fiserv's merchant ecosystem can unlock increased speed and efficiency for businesses looking to capture global growth. We are proud to be the infrastructure engine driving this next chapter of real-time commerce for U.S. enterprises." This latest collaboration for Thunes represents another milestone for its growth in the Americas having obtained money transmission licenses in all U.S. states where required. Thunes continues to grow its support for major fintechs in the U.S. and around the world, offering fast, secure and reliable global money movement through its Direct Global Network. About Thunes: The issuer is solely responsible for the content of this announcement.
Massive corporate data breach: Shell, GE, and Philips hit. A major hacking group claims to have stolen data from Shell, GE, and Philips. Learn about your legal rights and how to calculate your potential claim value. Case Value Expert August 16, 2026 Global corporate giants targeted in massive data breach. A notorious hacking group has recently claimed responsibility for a massive data theft operation targeting some of the world's largest corporations, including Shell, Philips, GE, and Fiserv. These entities are currently investigating the scope of the intrusion, which according to recent reports, may involve the compromise of sensitive employee information and proprietary business data. The hackers allegedly exploited a vulnerability in third-party file transfer software, a common tactic used to bypass internal security measures of highly protected organizations. This incident follows a growing trend of supply-chain attacks where cybercriminals target a single software provider to gain access to hundreds of downstream clients. Affected individuals are now left wondering if their personal identities have been exposed to the dark web for illicit sale. Affected by a class action issue? Its specialized tool can help you estimate the potential worth of your case based on current laws and precedents. Establishing liability for large-scale data theft. When a multinational corporation suffers a data breach, legal liability often hinges on whether the company maintained a reasonable standard of care regarding cybersecurity. Under various legal theories, these companies may be held responsible if they failed to implement necessary security patches or ignored known vulnerabilities in their infrastructure. Furthermore, because many of these breaches occur through third-party vendors, the primary corporation can still be liable for failing to properly vet their service providers' security protocols. Plaintiffs' attorneys often argue that the cost of doing business must include robust protection of consumer and employee data, making any lapse a form of actionable negligence. Understanding the nuances of social media privacy class actions can provide insight into how courts handle digital privacy violations and corporate accountability. Critical steps to protect your digital identity. If you believe your personal information was compromised in the Shell, GE, or Philips breach, you must act quickly to mitigate potential damage to your credit and reputation. First, monitor your financial statements and credit reports for any unauthorized activity that could indicate identity theft has already occurred. You should also consider placing a credit freeze through major bureaus and changing all passwords associated with sensitive accounts. It is also beneficial to learn about joining a class action lawsuit to understand how you can participate in a collective effort to seek damages from negligent corporations. To get an idea of what your specific situation might be worth, you can use its free case calculator to estimate your potential claim value based on current legal standards. Understanding settlement ranges for data privacy victims. Compensation in data breach litigation typically covers both economic and non-economic losses, ranging from reimbursement for actual identity theft losses to statutory damages for the violation of privacy itself. Victims may be entitled to recover costs for credit monitoring services, time spent rectifying fraudulent charges, and emotional distress caused by the exposure of private information. In massive settlements, a fund is often established to pay out claims to thousands of affected individuals, with higher tiers of compensation reserved for those who suffered documented financial harm. The Department of Justice cybercrime section frequently monitors these cases to ensure that corporate negligence is met with appropriate civil and criminal consequences. The final value of a claim often depends on the type of data stolen and the specific protections afforded by state and federal laws. The legal framework protecting Consumer Privacy. Data privacy is governed by a complex web of regulations that dictate how corporations must notify victims and protect sensitive information. Organizations like the Federal Trade Commission provide guidelines that, if ignored, can lead to significant fines and serve as evidence of negligence in private lawsuits. Statutes such as the California Consumer Privacy Act (CCPA) and various other state-level laws establish a "duty of care" that companies owe to their users regarding digital information. Many of these laws allow for statutory damages, meaning victims can recover a set amount of money even if they cannot prove a specific dollar amount of out-of-pocket loss. For more detailed legal definitions, the Cornell Law School privacy overview provides a comprehensive look at how digital rights have evolved under the American legal system. Take action and evaluate your claim value. Seeking justice against a global corporation can be a daunting process, but you do not have to navigate the legal system alone. Its platform is designed to empower victims by providing the tools and information necessary to hold negligent companies accountable for their security failures. By using its free case evaluation tool, you can receive a personalized assessment of your legal options and the potential value of your data breach claim. Whether you were an employee or a customer of the targeted companies, your right to privacy is protected by law, and you may be eligible for significant compensation. Don't wait until identity theft ruins your credit score - take the first step today and use its class action calculator to find out what your case is worth. Disclaimer: This blog post is for informational purposes only and does not constitute legal advice. For specific legal guidance regarding your situation, please consult with a qualified attorney.
Fiserv and Mastercard announced a global partnership on 4 August, integrating Mastercard Merchant Cloud into Fiserv Commerce Hub for enterprise merchants. Fiserv also partnered with Stuut Technologies on 5 August to add agentic AI automation to B2B receivables. The financial performances differ sharply. Mastercard reported Q2 2026 net revenue up 14% year-over-year to $9.3 billion, with adjusted net income of $4.5 billion and operating margins of 61.1%. Adjusted diluted EPS rose 21% to $5.04. Fiserv saw Q2 2026 GAAP revenue fall 4% to $5.29 billion, with adjusted EPS down 26% to $1.84. Management cut full-year 2026 organic revenue guidance to between -1% and 0%, citing transformation costs and technology spending. Truist analyst Matthew Coad raised Mastercard's price target to $633 from $554 on 5 August, maintaining a Buy rating.
Shell hit by massive hack attack. Shell is one of 50 companies - including Philips, Fiserv, and GE - that were reportedly hit by a massive hack attack. The hacking group Cl0p claims it stole roughly 89 gigabytes of data from Shell, including engineering drawings, photos of facilities, scans of facility testing reports, and project plans. 14 Aug 2026 A view shows a logo of a Shell petrol station in South East London, Britain. Image credit: Reuters/May James/File Photo Reuters reports that a post on the site of a prolific hacking group known for exploiting software vulnerabilities to attack multiple targets simultaneously claimed it had stolen large volumes of data from nearly 50 companies worldwide. Cybersecurity compromise. Philips said Cl0p had targeted it while Shell said it was aware of a recent "possible incident", confirming an earlier report on Thursday by Dutch media outlet BNR. "We are working with our security teams and relevant experts to investigate the situation," a Shell spokesperson said. "Philips has identified and contained an attempted cybersecurity compromise of a specific enterprise server related to internal data," Philips said in a statement, adding that the incident does not impact customer environments. A spokesperson for Fiserv said the company is aware of the threat actor's claims, but "based on our comprehensive review to date", it had found no evidence that customer, banking, transaction or personal data had been compromised, or that its operating environment had been affected. A GE spokesperson said the company is aware of the claim, and had "initiated our cyber response protocols and are working to assess the potential issue." 7 Jul 2026 Alerts? Reuters could not independently verify the hacking group's claims about the type of data it stole and how much of it. The hackers did not respond to a request for comment. While it's unclear how the hackers allegedly accessed the companies, Ransom-ISAC, an industry information-sharing group, issued a notice on 22 July warning that the hacking group was exploiting vulnerabilities in PTC Windchill and FlexPLM, software used to support engineering and manufacturing processes. Boston-based PTC did not immediately respond to a request for comment. The company has issued multiple security notices on its website, dating back to 18 June, urging customers to apply a patch for a vulnerability and sharing details about an unnamed attacker targeting its products. 7 Jan 2026 Brandon Parsons, threat intelligence manager at Ascent Solutions and the author of the Ransom-ISAC advisory, said some companies began receiving notices from Cl0p on 19 July or 20 July. The group focuses on vulnerabilities in key software packages rather than specific companies, he said, calling them "professional data extortionists." "They don't really target a specific company; they target a specific zero-day vulnerability and go after it," Parsons said, referring to previously unknown bugs that software vendors haven't yet issued patches for.
Fiserv seeks investor lawsuit dismissal. Fiserv pushes back against shareholder fraud claims, defending its Clover platform and financial reporting accuracy. Curated by Financing Your Way from original reporting by Payments Dive. Summary is AI-assisted and editorially reviewed - see its editorial standards. Fiserv is currently fighting a class-action lawsuit from shareholders who claim the payment giant misled them about its business health. The core of the dispute involves how Fiserv reported its organic growth and the integration of its Clover point-of-sale system. Shareholders argue that the company hid negative trends, while Fiserv maintains the lawsuit is meritless and reflects standard market fluctuations rather than fraud. For retailers and operators, this situation highlights the internal pressures facing one of the world's largest payment processors. Fiserv is a backbone provider for many merchant financing programs and point-of-sale systems. While this is currently a legal battle between the company and its investors, it serves as a reminder to stay informed about the stability of your primary technology partners. If you rely on Clover or Fiserv-backed credit programs, this litigation does not immediately change your service terms. However, it does suggest that the company is under intense scrutiny regarding how it prices its services and manages its merchant portfolios. Monitoring these developments is important for long-term planning, as corporate legal battles can sometimes lead to shifts in pricing models or changes in product investment as companies move to satisfy investor demands. Who else is covering this
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Industries
Data & Analytics
Enterprise Software
Fintech
Financial Services
Company Size
10,001+
Company Stage
IPO
Headquarters
Milwaukee, Wisconsin
Founded
1984
Find jobs on Simplify and start your career today